Stocks ... ouch!

by Rafiki • 8 Oct 2008, 10:28 • Journals
Seriously...

I want my moneh back!

Any other victims of this cruel financial world in here? :(
At least I got some WOW gold in my bank!
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27
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Arachon 8 Oct 2008, 11:34
The Danish C20 index is down -8.51 atm.
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Biitti 8 Oct 2008, 11:40
nänänänänä :O)
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BuLL 8 Oct 2008, 11:43
im a victim, lost many €'s
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gari 8 Oct 2008, 11:45
yeye...1929 we are back again!

but with no hitler
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yousmell 8 Oct 2008, 11:51
THe czech PX index had yeasterday biggest daily fall, about 9%...
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kevlar 8 Oct 2008, 12:02
sigh, get a better investment team working your money. SIGH.

http://www.bullionvault.com/gold-price-chart.do

although, avoid platinum. its gonna be worth less than tin at the rate its going lol :P
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SpeaKeR 8 Oct 2008, 12:29
gold is sky rocketing in price (as it always does in a recession) so not really a good time for investment lol.

plus gordon brown, the genius that he is, sold half of the uk's bullion reserve to china about 2 years ago :|
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kevlar 8 Oct 2008, 12:42
i bought a substantial ammount 9 years ago mate and have been adding to it ever since as its steadily risen. up yours gordon lol ;)
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overdrive 8 Oct 2008, 13:39
Quoteavoid platinum


30% of all plantinum goes to the auto industry, 40% to jewelry. It should go up in the near future again :P
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stormeh 8 Oct 2008, 13:41
I dunno, if i've just lost loads of money in stock or had my overtime cut at work my top priority isn't to go out and buy a new piece of jewelery :P
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overdrive 8 Oct 2008, 13:54
no car either?
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stormeh 8 Oct 2008, 14:09
depends on ones mentality really :P If your working class then you'd look at rising fuel costs and maybe take public transport oppose to the car. Or if you were upper class and more well off you'd look at incentives and deals that car dealers were doing to promote their sales and think thats its a good time to buy a car.

I did read somewhere that there was fields and fields of cars built by toyota which still hadn't been sold so that could lead to production being cut also. But then again more and more people are driving in china and india so who knows how car production will react :P

Bit of a long winded reply for a simple - "I don't know" :D
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kevlar 8 Oct 2008, 14:01
true. but, where does the missing 30% go then? :P your house made of platinum is it overdrive? :P
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wipeout 8 Oct 2008, 14:21
Platinum is really rare. If it wasn't for recycling, there wouldn't be any natural ressources left. It is used in catalysts and will be used in fuel cells (PEM).
Safe bet I guess.
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PatrickBateman 8 Oct 2008, 12:09
Nokia -4,59%

FFFFFFFFFFFFFFFFFFFFFFFFFFFFF
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HellHammer 8 Oct 2008, 12:18
Greece is one of the few countries (maybe only i dunno) which was affected positively by the whole global financial crisis :D. PIREOS BANK + 10%!!!!!!

btw i dont have stocks, but my dad does and he came in his pants when he saw it :)
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kyp 8 Oct 2008, 12:30
guaranteed capital bonds!
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Gaso 8 Oct 2008, 12:39
Haven't even checked lately. But I'm sure the funds I've invested in are plummeting down with the rest of the economy. Bibuy mah moneys. :|
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atemi 8 Oct 2008, 12:43
I've lost about 25% last months :<.
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Fizmo 8 Oct 2008, 12:44
ah relax, it's just the beginning:)
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overdrive 8 Oct 2008, 13:06
didnt learn anything from L&H ?

well, i'd keep stocks like fortis, their stocks are worth less then 5 euro's atm but its bound to go up in the long term. Prolly gonna take another three years for things to settle down :'(

btw: Petercam > banks selling stocks and funds. Not just in terms of stablity and profit, but also for a lot of other reasons such as being able to swap to other funds without the % costs banks take etc. Rly, never buy stocks or funds at a bank :/
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gunar 8 Oct 2008, 13:45
wtb wow gold
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wipeout 8 Oct 2008, 14:16
Since I need my money for studying I have it invested into an open property fund. Does ~5% p.a. and it won't/shouldn't be affected by all this crap. (it isn't so far)
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